we're down 5% again today at mid-session, and the volume is heavy. Yawn . . . what else is new? It looks like I will die and still be holding ACH. Isn't the stock market fun?
http://hk.biz.yahoo.com/080618/263/2vxph.html?s=2600.hkMerrill Lynch downgraded ACH(1) Reduce the 12 months price target from 19 to 15.2(2) Reduce 2008 earning to 0.86(3) Reduce 2009 earning to 0.92(4) Reduce 2010 earning to 0.95
Where's downgrade ? 'Buy' rating was kept but target price was reduced.
they reduced 2600.hk which is trading at 10.640 hkd